10.4 A Complete System

[TraderDesk]

I am watching the JPY crosses and they are almost all looking ready for a resumption of a bull run. RSI2 have bottom out and some of them have STO5 below 20 as well...

Daily CSS is still showing JPY weakness.

AUDJPY is one to be careful since AUD is the weakest in the bunch but even that is starting to show a slowing down of this latest bout of weakness..

5-8-2013 8-59-51 AM.jpg

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[kwanann]

cad jpy h4 (2).png

Ran the stops low then high; buy the stop hunt in an uptrend as Captain Jack says. We will see how it works out.

Note the stop hunts, the top pins are lower, whereas the lower pins are more or less at the same place

Also its basically moving around in the same range where the middle is 98.5

The sequence, trap short, trap long, trap short, trap long

Guess where its gonna go next

[totty23]

Did i read somewhere 10.5 was chewing up memory?
just loaded it and getting blue circle, never happened before. can i adjust how many bars it looks at?
thanks

[bernard]

i took a break of the high on the gbpjpy with the filter glowing green.. wasn't a 10.5 black trade, and got nailed.. well that's what i get for trading outside of the rules

I had looked at the 1 hour chart for GBP/JPY and put pendings "buystops above DMS1, DP, DMR with TP at the DR1 level... I love to use channel lines so I made sure to pendings above the upper line as the probability of a move higher if price broke it increases dramatically.

Also on my 4 hour chart I see PA trying to go down to 152.50-70 level so I did not open any 1 hour pending buy limits and if I would of I would have close them when CSS went red...

5-7-2013 10-40-22 PM.jpg

TraderDesk,
You are a very prudent, wise and patient trader.
I wish I had half of your good trading qualities.

Bernard

[rosst]

EUR/USD long set just above daily pivot ?

I placed some pending orders on my live Cowboy IBFX acct and I also I have a demo with Cowboy IBFX that I run Mr Long's ea on - I saw no pendings on the ea acct - now I see why... BTW - I had basically the same pendings yesterday, but deleted them after time expires (before/after a session) or when the bars change color - is that correct? Seems like a lot of wax on wax off action lately

[nanningbob]

aud/jpy has broke below the 240 line but it has done that every week. nzd/jpy has hit the 240 line it has done that before too. In fact this is the third time in 4 weeks. gbp/jpy is testing previous resistance which could now provide a new support line. eur/jpy has stayed within its 400 pips range of the last4 weeks. cad/jpy is higher than the rest but that can be expected with CAD strength. The aud drop is not as big as should have been for a unexpected rate change. Normally an unexpected rate change brings much bigger moves. nzd/jpy has been the biggest at 200 pips so that is not that big. NZD announcing they have intervened but not saying how or how much is very suspicious to me. Those are the type of things the SNB has pulled in the past without committing actual funds. I am going to hang in there for now. China reports higher imports and exports but their figures seem very fishy. Hard to trade when reports do not match reality. Expect to see sudden jumps and moves as the market tries to figure out what is really going on. The moves certainly dont fit Soros or NZD bank interventions and unexpected rate change does not fit the market reaction. Lot of sell talk but not as big as the talk. So I am going to hold steady. Waiting for JPY weakness to continue and wondering if AUD weakness outside of S1 is real or not. It didnt on aud/jpy, aud/chf, or aud/nzd. If aud/cad and aud/usd come back inside the S1 line will look to reenter that downtrend. Disappointed that aud/chf never made it to the S1 line so far this week. Certainly expected it with the rate change.

[totty23]

first attempt at 10.5

[totty23]

question, wait for aud to cross cad?

[thelearner]

I still have no luck with the new CSS 1.0.7d, keep closing my criminal everytime I load it. I am using the 1.0.6 from baluda thread for now. Tried to update my Empty4 but.....Noob question: how to update my Empty4 if I don't get the automatic update option?

[TraderDesk]

TraderDesk,
You are a very prudent, wise and patient trader.
I wish I had half of your good trading qualities.

Bernard

Hi Bernard,

Can you tell my wife that?

Follow Bob's system and learn why it is more successful than other systems will definitely help your trading skills...